Director, Strategy & Business Development

Thank you for your interest in joining Solventum. Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best.

As Director, Strategy & Business Development, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Specifically, you will be responsible for driving growth through development and execution of strategic business plans, identification of new market opportunities, and creation of key acquisitions, partnerships and venture investments. This is a critical role and reports into the Vice President, Strategy & Business Development for the Infection Prevention and Surgical Solutions Business.

• Lead strategic planning process including development of the strategic narrative and presentations to senior leadership and Board of Directors in partnership with the business and finance teams
• Collaborate with key business stakeholders to prioritize and monitor execution of key strategic initiatives critical to delivering the Strategic Plan
• Identify and evaluate new growth opportunities, including market expansion in core and adjacency areas by conducting strategic evaluation of current and new markets, in partnership with the business
• In partnership with Business and Regional Marketing teams, develop and maintain global Market Models to facilitate strategic decision making

• Create strategic roadmaps for prioritized markets with inorganic opportunities
• Source, track, and maintain relationships with potential acquisition and strategic partnership targets through deep understanding of prioritized areas, leveraging external and internal sources

• Bachelor's Degree or higher and 7 years of experience in strategy and/or business development; preference for at least 5 years in the medical technology industry
• Demonstrated relationship management and networking skills with clear ability to lead cross-functionally
• Experience with strategic planning, market research and landscape work
• Strong problem‑solving orientation with ability to leverage both quantitative and qualitative analysis to drive decision‑making
• Excellent written and verbal communication, and strong financial acumen
• Strong project management capabilities with ability to manage multiple deliverables, with a bias for action and delivering results

Additional qualifications that could help you succeed even further in this role include:

• Experience in deal‑related M&A, corporate ventures, and/or strategic partnerships activity
• Ability to thrive in an action‑oriented and high accountability environment

Work location:

Remote
Travel:
May include up to 20% domestic/international
Must be legally authorized to work in the country of employment without sponsorship for employment visa status (e.g., H1B status).

Applicable to US Applicants Only:
The expected compensation range for this position is $222,044 – $271,387, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position.

Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.